No real idea for the change of ownership just speculating. I agree with your understanding of shares in escrow. However it does look like the escrowed shares have been "transferred" though :
"Change in holding registration details from a direct holding in the name of Yacov Geva to an indirect holding in the name of Bank Julius Baer & Co Ltd"
I assume this would have needed Board approval and of course Yacov Geva is in effect the Board.
Cheers
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- Ann: Appendix 3Y - Yacov Geva
Ann: Appendix 3Y - Yacov Geva, page-28
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